The Parsec Accelerator Open Call 2 concluded on Friday by selecting the 15 teams that will receive access to €100,000 in equity-free funding and Parsec second-stage business support services. In total, 60 consortia, consisting of start-ups and SMEs, had their businesses evaluated by a jury of experts during the Parsec Demo Days.
The Parsec Demo Days consisted of two intensive pitching days on Thursday and Friday. This marked the end of the Parsec Open Call 2, which aimed to select the 15 best Earth Observation-based innovations for the food, energy or environment sectors. After four months of support and networking, the 100 winners of Parsec’s first Open Call (#100PARSEC) teamed up with their peers and external SMEs in order to apply for the Open Call 2 and scale up their ideas. During the Demo Days, they defended their applications in front of a jury consisting of industrial CEOs, investors and business leaders.
“Following the highly competitive selection process by the jury, I am impressed to see so many talented teams proposing innovative solutions covering a wide range of EO [Earth Observation] data to tackle challenges in the food, energy or environment sectors,” said Emmanuel Pajot, secretary-general of Earsc and Parsec coordinator. “I am looking forward to supporting the 15 winners in their development towards the global market.”
Among the 60 consortia – representing 142 SMEs and start-ups, from 32 countries – those evaluated as having the highest market potential, to become the #15PARSEC were, in ranking order:
- Village Data Analytics, by TFE Energy GmbH and UnternehmerTUM.
- Crop Predictions Take Flight, by Computomics GmbH and SiberGeo OÜ.
- Okeanos integrated solution for oil spills at sea, by Orbital EOS S.L. and cmcc srl.
- Snow information for Hydropower, by ExoLabs, Think Outside and Ubimet.
- Automated cotton insurance, by Oko and Agcurate.
- Copernicus Blue – Preventing illegal fishing, by Vake AS, Lelieur BV and Ansur Technologies.
- Polaris, by Berring Data Collective and Deep Blue Globe UG.
- Space Application for Detecting Aedes-Mosquito Risk Areas, by Dipteron UG and Hostmi GmbH.
- Ecosystem Services, by Revalue IT Limited, Global Geo-Intelligence Solutions Ltd and Verhaert new product and services.
- The Century Project, by Greenvetory GmbH and Green Urban Data.
- ScyscrApp, by Hop Ubiquitous S.L., Murmuration and Terranis.
- Rom(EO), by LiveEO and FuVeX Civil SL.
- Healthy Places – Air Quality-Based Urban Routing and Information, by Breeze Technologies UG and Navture Aps Proximi.io.
- IO3T, by Enio Çevre Teknolojileri Ltd. ŞTİ and IoTartic pr Zoran Zivkovic.
- Space4Fauna, by All4Elevation B.V. and Fauna Smart Technologies.
Within each winning consortium, the SMEs and start-ups have access to a maximum of €50,000 in equity-free funding each and will now be able to work with the Parsec experts for the upcoming year. They will benefit from a set of business support services such as expert promotion, coaching in attracting further capital, the Parsec investment readiness program and fit-for-purpose solutions by the Business Catalysts.
Parsec Demo Days jury members: Candace Johnson, founder and member of the board, Ownsat, Oceania Women’s Network Satellite, investor in Kacific Satellite Systems; Fabrice Testa, chairman of Eban Space, co-chairman, Luxembourg Space Tech Angels; Patrick Nadoll, senior advisor – exploration and resource assessment; Lorena Jurado, business development manager, Innovation Hub CLC South; Michalis Stangos, founder of Industry Disruptors-Game Changers; Frank M. Salzgeber, head of innovation and ventures, ESA; Joana Kamenova, outreach and business analyst, ESA; Marcello Maranesi, CEO of Gmatics; Regis Hamelin, chief technology officer of Blumorpho.